90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Missouri
PPCILB0T4MO29000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.10
Year-over-Year Change
-39.84%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the lower bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Missouri. Understanding childhood poverty rates is crucial for policymakers addressing economic inequality and social welfare.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The lower bound of the 90% confidence interval for the estimated percent of people under age 5 in poverty provides a conservative estimate of the true childhood poverty rate in Missouri. This statistic helps quantify economic hardship and informs policies and programs aimed at reducing child poverty.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is used by economists, policymakers, and social service providers to assess the scale of childhood poverty and target resources for poverty alleviation initiatives.
Key Facts
- The lower bound indicates a conservative estimate of the true poverty rate.
- Childhood poverty is linked to long-term negative outcomes in health and education.
- Policymakers use this data to guide investments in social safety net programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the lower bound of the 90% confidence interval for the estimated percentage of people under age 5 living in poverty in Missouri.
Q: Why is this trend relevant for users or analysts?
A: Understanding childhood poverty rates is crucial for policymakers addressing economic inequality and developing social welfare programs.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and social service providers to assess the scale of childhood poverty and target resources for poverty alleviation initiatives.
Q: Are there update delays or limitations?
A: The data may be subject to the release schedule and sampling limitations of the American Community Survey.
Related Trends
Regional Price Parities: All Items: Metropolitan Portion for Missouri
MOMPRPPALL
Accommodation and Food Services Earnings in Missouri
MOEACC
Other Labor Income in Missouri
MOOOTH
Accommodation and Food Services Wages and Salaries in Missouri
MOWACC
Per Capita Personal Consumption Expenditures: Goods: Durable Goods for Missouri
MOPCEPCDURG
Real Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in Missouri
MOFNDTRSTRGSP
Citation
U.S. Census Bureau, 90% Confidence Interval Lower Bound of Estimate of Percent of People Under Age 5 in Poverty for Missouri (PPCILB0T4MO29000A156NCEN), retrieved from FRED.